Common use of Meetings of and Voting by Members Clause in Contracts

Meetings of and Voting by Members. (a) A meeting of the Members may be called at any time by the Managing Member. Meetings of Members shall be held at the LLC’s principal place of business. Not less than ten (10) nor more than thirty (30) days before each meeting, the Voting Member(s) calling the meeting shall give written notice of the meeting to each Member entitled to vote at the meeting. The notice shall state the time, place and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice shall be deemed to have waived such notice if before or after the meeting the Member signs a waiver of the notice which is filed with the records of Members’ meetings, or is present at the meeting in person or by proxy. Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of a Majority-in-Interest of Members shall constitute a quorum. A Member may vote either in person or by written proxy signed by the Member or by his duly authorized attorney-in-fact.

Appears in 3 contracts

Samples: Operating Agreement, Operating Agreement (Manning & Napier, Inc.), Operating Agreement (Manning & Napier, Inc.)

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Meetings of and Voting by Members. (a) A meeting of the Members may be called at any time by the Managing any Member. Meetings of Members shall be held at the LLC’s principal place of businessbusiness or at such other location as may be designated by the Member calling the meeting. Not less than ten one (101) nor more than thirty (30) days before each meeting, the Voting Member(s) Member calling the meeting shall give written notice of the meeting to each Member entitled to vote at the meetingMember. The notice shall state the date, time, place and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice shall be deemed to have waived such waives notice if before or after the meeting meeting, the Member signs a waiver of the notice which is filed with the records of Members’ meetings, or is present at the meeting in person or by proxy. Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of a Majority-in-Interest Members holding not less than 50% of the total LLC Interests of the LLC then held by Members shall constitute a quorum. A Member may vote either in person or by written proxy signed by the Member or by his the Member’s duly authorized attorney-in-fact.

Appears in 1 contract

Samples: Operating Agreement (City National Bancshares Corp)

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Meetings of and Voting by Members. (a) 6.3.1 A meeting of the Members may be called at any time by Members holding at least fifty percent (50%) of the Managing MemberPercentages then held by Members. Meetings of Members shall be held at the LLC’s Company=s principal place of business. Not less than ten (10) nor more than thirty sixty (3060) days before each meeting, the Voting Member(s) Person calling the meeting shall give written notice of the meeting to each Member entitled to vote at the meeting. The notice shall state the timeplace, place date, hour, and purpose of the meeting. Notwithstanding the foregoing provisions, each Member who is entitled to notice shall be deemed to have waived such waives notice if before or after the meeting the Member signs a waiver of the notice which is filed with the records of Members’ meetingsMembers= meeting, or is present at the meeting in person or by proxyproxy without objecting to the lack of notice. Unless this Agreement provides otherwise, at a meeting of Members, the presence in person or by proxy of a Majority-in-Interest all of the Members shall constitute a quorum. A Member may vote either in person or by written proxy signed by the Member or by his the Member=s duly authorized attorney-in-attorney in fact.

Appears in 1 contract

Samples: Operating Agreement (Fun Tyme Concepts Inc)

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